Patrick Mahomes: Kansas City Chiefs star to become NFL’s first $500 million player

Patrick Mahomes is set to become the first NFL player with a contract worth more than $500m after signing a new deal with the Kansas City Chiefs.

The 30-year-old quarterback, who has led the Chiefs to five Super Bowls, winning three, has agreed to a two-year extension that will take his guaranteed earnings to $504.75m and tie him to the franchise until 2033.

The previous 10-year contract was worth $450 million, with an additional $50 million in incentives.

As he says reports,, External Mahomes’ contract from 2027 will have an average annual value of £64m.

In the year It covers a deal worth $60m (£46m) per year until 2024. Dallas Cowboys and quarterback Dak Prescott; This made him the highest paid player in NFL history.

“I’m very happy to be here for life and to be a part of the princely state,” Mahomes said.

“We have a lot to do. Let’s go out and do it. Let’s go win more.”

Mahomes tore the anterior cruciate ligament (ACL) in his left knee last December as the Chiefs missed the NFL play-offs for the first time since the 2014 season.

In the year

“Over the past decade, Patrick has become one of the most iconic and beloved sports figures,” said CEO Clark Hunt.

“He helped lead our franchise to five Super Bowl appearances and three championships, shaping the Chiefs brand and being instrumental in putting Kansas City on the world stage.

“Patrick is a natural born talent and outstanding individual, and I am thrilled that he will continue to lead our team into the future.”